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Home News Nigeria National

Nigerians Blast FG Over New Rule For Self Certification In Banks

Nuel by Nuel
September 18, 2020
in National
0

Nigerians Blast Buhari Govt Over New Rule For Self Certification In BanksFollowing a notice released by the Federal Government requesting Nigerians with bank accounts to do “self certification” on Thursday, Nigerians have blasted the Buhari led administration.

Afriupdate had earlier reported that the Federal Government announced that all account holders in Financial institutions such as Banks and Insurance companies are required to obtain complete and submit self certification forms to their respective financial institutions.

According to the notice which was released by the Federal Inland Revenue Service, all account holders in Financial Institutions (Banks, Insurance Companies, etc) are required to obtain, complete and submit Self – Certification Forms to their respective Financial Institutions.

“Persons holding accounts in different financial institutions is required to complete & submit the form to each one of the institutions. The forms are required by the relevant financial institutions to carry out due diligence procedures in line with the Income Tax Regulations 2019.

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Many angry Nigerians have shown their displeasure over the notice, accusing the Buhari led administration of incompetence and making life difficult for the common people.

Many wondered why government, which already has their data in various forms, in BVN, National ID Card, Voters Card and Drivers Licence, wants to subject them to stress, by queueing for ‘self certification at banks”.

Check out some recent reactions over the new rule gathered by AFRIUPDATE below;

Dear @NigeriaGov, what is this about please and why is it being put in place? Your communication does not provide sufficient information and, as currently communicated, seems like another never-ending verification exercise that will frustrate the public for little or no gain. https://t.co/qDa0JlLfkb

— Dr Joe Abah, OON (@DrJoeAbah) September 17, 2020

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It seems to me as if these people have lost the initial data we gave them , and indirectly asking us to repeat the whole process again

National ID | BVN https://t.co/eObXSfKMce

— Your BFF (@Banks039) September 17, 2020

https://twitter.com/Ayokiitan1/status/1306667220089606144?s=20

What was all the stress for BVN, if you can't connect needed information from BVN?
Duplicity is a sign of ineptitude, inefficiency, wastage(time and funds). Please fold shop, if you want to take us on merry-go-round again.#Enough of duplicity and wastage

— Helen Francis (@HellenaFr72) September 17, 2020

Na you do National ID card, na you do SIM registration, you even did Bank Verification Number to align accounts but you are here again talking “Self-Certification. Even if you are confused about running government, can you at least pretend not to be confused?

— JJ. Omojuwa (@Omojuwa) September 17, 2020

Do they even understand the number of years wasted in working hours when they set up these things? Like, does anyone even bother about Nigeria’s productivity when they raise these ISLAGIATT Ideas that repeatedly send Nigerians spending their lives queuing for the same things?

— JJ. Omojuwa (@Omojuwa) September 17, 2020

READ ALSO: Biafra: Why Nigeria Is A Failure – Nnamdi Kanu Reveals

Meanwhile, FG has apologized over the tweet that sparked outrageous reactions from Nigerians. As seen below, they described the tweet as misleading, does not apply to everybody and promised to issue appropriate clarification shortly.

We apologize for the misleading tweets (now deleted) that went up yesterday, regarding the completion of self-certification forms by Reportable Persons. The message contained in the @firsNigeria Notice does not apply to everybody. FIRS will issue appropriate clarification shortly pic.twitter.com/KBiPh0lCwJ

— Government of Nigeria (@NigeriaGov) September 18, 2020

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Related topics: Muhammadu BuhariNigeriaNigeria Self Certification In BanksSelf Certification In Banks
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